Gold Line Resources Balance Sheet Health
Financial Health criteria checks 4/6
Gold Line Resources has a total shareholder equity of CA$14.0M and total debt of CA$109.9K, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CA$15.1M and CA$1.1M respectively.
Key information
0.8%
Debt to equity ratio
CA$109.95k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$48.25k |
| Equity | CA$14.01m |
| Total liabilities | CA$1.08m |
| Total assets | CA$15.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLLZ.F's short term assets (CA$178.5K) do not cover its short term liabilities (CA$1.1M).
Long Term Liabilities: TLLZ.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TLLZ.F's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TLLZ.F's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TLLZ.F has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TLLZ.F is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.